The custody war is heating up.
Jameson Lopp: ETF custodians = single point of failure. Trusting third parties with your $BTC is asking for a rug.
Willy Woo: Self-custody degens already lost 1.5M+ $BTC to their own mistakes. Professional custodians > most retail holders.
Both have a point. Centralized risk vs. human error. Pick your poison.
The real alpha? Know which side of the bell curve you're on. If you can't secure your own keys, maybe don't pretend you can.
Jameson Lopp: ETF custodians = single point of failure. Trusting third parties with your $BTC is asking for a rug.
Willy Woo: Self-custody degens already lost 1.5M+ $BTC to their own mistakes. Professional custodians > most retail holders.
Both have a point. Centralized risk vs. human error. Pick your poison.
The real alpha? Know which side of the bell curve you're on. If you can't secure your own keys, maybe don't pretend you can.